Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

$QQQ VS $SPY

 

$QQQ VS $SPY

Courtesy of Howard Lindzon

I have been leaning heavily on $QQQ over $SPY for a very long time on this blog. It worked.

Here are two charts that offer up some short term and long term perspective of how that ratio is changing right now:

Technology is more pervasive right now so I doubt we see a crash the likes of 2001, but cycles happen and the money that is not leaving the market is rotating (as I have covered in Momentum Monday’s) into housing, commodities, energy, retail and financials.

These charts DO NOT take into account crypto or defi to hot areas of technology investing that I have been writing about here and allocating capital the last few years.

It will be interesting to see if these new hot areas of technology will hold up if the $QQQ vs $SPY trade continues to underperform.

Hopefully this gives everyone some perspective on what has been going on.

[For] many people this blip down in technology stocks has been brutal, but it is possible that it can get much worse.


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!